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RBA Glossary definition for bill rate

bill rate – The bill rate is the effective yield to maturity earned by the holder of a bill. The yield is usually expressed as a per annum rate.

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Appendix 1: Data

1 Dec 1993 RDP 9314
Gordon de Brouwer, Irene Ng and Robert Subbaraman
Definition: Three-month average of the average nominal 90-day bank-accepted bill rate for the week-ending last Wednesday of the month. ... The interest rate series contains a break in the March quarter 1990, reflecting the shift to the payment of more
https://www.rba.gov.au/publications/rdp/1993/9314/appendix-1.html

The Data and Their Order of Integration

1 Dec 1993 RDP 9314
Gordon de Brouwer, Irene Ng and Robert Subbaraman
Long run relationships on both data sets including all variables except the bill rate. ... ECM estimated including bill rate. Lim and Dixon (1991). Real currency (GNE deflator).
https://www.rba.gov.au/publications/rdp/1993/9314/data-order-integration.html

Cointegration

1 Dec 1993 RDP 9314
Gordon de Brouwer, Irene Ng and Robert Subbaraman
Using the Engle-Granger procedure, there is only one cointegrating vector – relating broad money, PFD and the bill rate. ... times the average bill rate from the first quarter of 1970 to the third quarter of 1991.
https://www.rba.gov.au/publications/rdp/1993/9314/cointegration.html